Oracle (ORCL) has surged nearly 25% and remains ~47% below its previous highs while trading at 31.5x trailing P/E, positioning it as a deep value play with AI infrastructure expertise and Oracle Cloud ...
Shares of Oracle and Bloom Energy popped after the companies reached a deal for more AI data center capacity. The software giant gained for a second day, as other names in the sector also briefly ...
Oracle Corp. agreed to purchase as much as 2.8 gigawatts of fuel-cell power from Bloom Energy Corp. to supply data centers for artificial intelligence work. An initial 1.2 gigawatts of capacity has ...
Iran’s Islamic Revolutionary Guard Corps (IRGC) claims it has targeted an Oracle data center in Dubai, United Arab Emirates, according to Iranian state media. The alleged strike comes only two days ...
Employees across the US, India, Canada, and Mexico woke up on 31 March to termination emails from “Oracle Leadership” with no prior warning. TD Cowen estimates the cuts will affect 18% of Oracle’s 162 ...
Enterprise data teams moving agentic AI into production are hitting a consistent failure point at the data tier. Agents built across a vector store, a relational database, a graph store and a ...
As legal spend continues to rise amid increasing regulatory complexity, cross-border risk, and business pressure to do more with less, in-house counsel are being asked to deliver greater strategic ...
Oracle's quarterly revenue jumped 22% year over year to $17.2 billion, exceeding the $16.9 billion Wall Street estimate. The company's non-GAAP earnings growth of 21% to $1.79 was a bigger surprise, ...
Oracle has two magic words for investors concerned with the company's aggressive data center spending: fast and cheap. Shares of the cloud giant rose as much as 10% on Tuesday after it surpassed ...
Oracle called recent news reports about Abilene's Stargate data center "false and incorrect" this week. Media reports surrounding the expansion of the artificial intelligence data center indicated a ...
OpenAI is walking away from expanding its flagship Stargate data center with Oracle because it wants next-generation Nvidia chips at new sites instead. Oracle is the only major player funding the AI ...
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